FREE APPRAISAL

04 801 8550

8 Kent Terrace, Mount Victoria

office@loweandco.nz

Mount Cook

INVEST IN YOUR FUTURE

3
2
2
Mount Cook
Sold

OVERVIEW

This modernised villa in the heart of Mount Cook is a great home-and-income opportunity if you want to live on the doorstep of downtown and enjoy an income stream from the tidy downstairs flat. Could there be a better way to buy your first home and have someone else help to pay for it? Features include:

- Incredible versatility: live in the smartly-presented two-bedroom top flat and rent out the one-bedroom bottom flat (or vice versa) or buy with a friend, share the mortgage and still live independently
- Separate laundry in both flats
- Historic appeal because of its 1900's construction in a street filled with character homes in one of Wellington's most popular and iconic inner suburbs
- Elevated for sun and views towards the harbour
- Within a short walk or bike ride of downtown, the waterfront, Prince of Wales Park, Massey University campus, Newtown's shops, hospitals and supermarkets, and all the boutique shops, bars and eateries synonymous with Te Aro and Cuba Street
- Freehold title
- The 2-bedroom upstairs flat is owner occupied whilst the bottom flat is currently rented at $350 per week at fixed tenancy ending on 17th November 2023. We have a current Rental appraisal showing potential rent for bottom flat sitting at $350 - $400 per week. The potential rental for the upstairs flat is $580 - $630 per week.

This is a wonderful chance to buy a versatile character home with modern comforts in a vibrant neighbourhood as historic as it is convenient. Don't miss Sunday's viewing.

Property Information

  • AddressMount Cook
  • Bedrooms3
  • Bathrooms2 Bathrooms
  • Family Room2
  • PriceTender
  • RV$1,140,000
  • Listing IDLOWE5314
  • TypeHome and Income
  • Floor Area110 m2 more or less
  • Land Area155 m²

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